Tuesday, September 18, 2012

EUR/GBP intraday: intraday support around 0.8055


Pivot: 0.81.
Our Preference: LONG positions @ 0.806 with 0.811 & 0.813 as next targets.
Alternative scenario: The downside penetration of 0.8055 will call for 0.803 & 0.801.
Comment: the RSI is negative but supported by a strong suppor.

USDCHF Technical Analysis - Sell at 0.9955

USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...